1018 Garden St Santa Barbara, CA 93103
Laguna NeighborhoodEstimated payment $44,021/month
Highlights
- Property is near park, public transit, schools, shops, and bus stop
- Furnished
- Wheelchair Access
- Santa Barbara Senior High School Rated A-
- Home Security System
- Accessible Approach with Ramp
About This Home
An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from State Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed and has been operated as a staffless and keyless hotel similar to your typical Short Term Rental property making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value. The asset has undergone a comprehensive rebuild within the past three years, including all new building systems, and features thoughtfully designed interiors with a clean, modern aesthetic. Each unit is pet-friendly, fully furnished, and outfitted with high-quality finishes, top-tier appliances, and amenities tailored to both short- and extended-stay guests. Operations are seamlessly handled by ZenStay, a proven hospitality operator providing full-service management--from dynamic pricing and reservations to guest services, housekeeping, and maintenance. Their platform ensures institutional-quality oversight with transparent financial reporting, allowing for a truly passive ownership experience. Casa Jardin represents a rare blend of income, lifestyle, and future optionality in one of California's most supply constrained coastal markets.
Property Details
Home Type
- Multi-Family
Lot Details
- 9,583 Sq Ft Lot
- Property is in excellent condition
Interior Spaces
- 4,101 Sq Ft Home
- 2-Story Property
- Furnished
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- 13 Open Parking Spaces
- 13 Parking Spaces
Accessible Home Design
- Grip-Accessible Features
- Accessible Bathroom Fixtures
- Wheelchair Access
- Doors are 32 inches wide or more
- Accessible Approach with Ramp
- Accessible Ramps
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Property is near park, public transit, schools, shops, and bus stop
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 029-221-033
- Seller Considering Concessions
Community Details
Overview
- 13 Units
- 15 Or 20 Downtown Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $31,326 | $3,024,348 | $1,758,952 | $1,265,396 |
| 2025 | $31,326 | $2,965,048 | $1,724,463 | $1,240,585 |
| 2023 | $30,790 | $2,563,500 | $1,657,500 | $906,000 |
| 2022 | $24,221 | $2,275,000 | $1,625,000 | $650,000 |
| 2021 | $15,936 | $1,499,725 | $624,886 | $874,839 |
| 2020 | $15,772 | $1,484,348 | $618,479 | $865,869 |
| 2019 | $15,497 | $1,455,244 | $606,352 | $848,892 |
| 2018 | $15,278 | $1,426,711 | $594,463 | $832,248 |
| 2017 | $14,773 | $1,398,737 | $582,807 | $815,930 |
| 2016 | $14,432 | $1,371,312 | $571,380 | $799,932 |
| 2014 | $14,040 | $1,324,257 | $551,774 | $772,483 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2026 05/13/26 | For Sale | $7,600,000 | -- | $1,853 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,275,000 | Fidelity National Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,400,000 | Construction | |
| Closed | $1,100,000 | Purchase Money Mortgage |
Source: Santa Barbara Multiple Listing Service
MLS Number: 26-1585
APN: 029-221-033
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